MIDHANI Reports Decline in Q2 & H1 FY2025-26 Profit and Turnover; Board Approves Auditor Appointments
MIDHANI reported a decline in Q2 and H1 FY2025-26 turnover, PBT, and PAT. The board approved new auditor appointments and noted a strong order book of ₹1,869.00 crore.
The financial results show a notable decline in profitability and revenue, which is a concern. However, the company maintains a strong order book of ₹1,869.00 crore, providing some stability. The auditor appointments are routine board actions.
Mishra Dhatu Nigam Limited reported a significant decline in Turnover, Profit Before Tax (PBT), and Profit After Tax (PAT) for both the second quarter and the first half of FY2025-26 compared to the corresponding periods of the previous year.
* The Board of Directors of Mishra Dhatu Nigam Limited held a meeting on November 13, 2025, from 16:30 hrs to 18:30 hrs. * The Board approved the appointment of Anjaneyulu & Co. Chartered Accountants (Firm Registration No. 000180S) as Statutory Auditors for FY2025-26, Limited Review Auditors for un-audited financial results, and Tax Auditor for Assessment Year 2026-27. * The Board approved the Un-Audited (Standalone and Consolidated) Financial Results for the quarter and half-year ended September 30, 2025. * For the second quarter of FY2025-26, the company reported a Turnover of ₹209.73 crore, down from ₹262.12 crore in the corresponding period of the previous year. * Profit Before Tax (PBT) for Q2 FY2025-26 stood at ₹19.13 crore, compared to ₹33.92 crore in the previous year's Q2. * Profit After Tax (PAT) for Q2 FY2025-26 was ₹12.77 crore, a decrease from ₹23.55 crore in the prior year's Q2. * For the first half of FY2025-26, Turnover reached ₹380.22 crore, down from ₹425.57 crore in the corresponding half of the previous year. * Value of Production (VoP) for H1 FY2025-26 grew by 3.90% to ₹497.67 crore from ₹479.01 crore in the previous year's H1. * PBT for H1 FY2025-26 was ₹38.12 crore, down from ₹42.88 crore in the previous year's H1. * PAT for H1 FY2025-26 stood at ₹25.58 crore, compared to ₹28.66 crore in the prior year's H1. * The company's order book position as of October 1, 2025, was ₹1,869.00 crore.
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